Iran: Refining project inaugurated in Hormozgan province

Iranian Oil Minister Javad Oji has inaugurated the bitumen production and storage unit of Jey Oil Refining Company in the southern Hormozgan province on Thursday.

The mentioned unit with the annual production capacity of 600,000 tons and storage of 22,000 tons of bitumen was established with an investment of about US$20 million.

This plan aims to expand the development of production and storage infrastructures in the country's key export point, Bandar Abbas being the largest export port of oil products in the country and consequently increase the share of exports and create a bitumen production and supply base in the south of the country.

The operation of the plan to improve the quality of heavy products of Bandar Abbas Refining Company in Hormozgan was started in the presence of the minister.

Despite all the external challenges like the coronavirus pandemic and the US sanctions, the Iranian oil and gas sector has been developing at a fast pace and the country is passing new milestones in this industry every day.

Various sectors of Iran’s oil and gas industry including exploration, production, processing, and distribution are all among the world’s top charts and the country is taking new steps to develop the industry even further.

Among different sectors of this industry, refining is a major one being seriously paid attention for development.

 

Iran inducts new boats for ensuring security of ships passing through Persian Gulf

Iran’s Islamic Revolutionary Guard Corps has inducted new, mostly small but faster boats, for the security of ships passing through the Persian Gulf. The boats were displayed at Bandar Abbas, Iran. 

Reportedly, the boats are equipped with multiple rockets, light anti-ship missiles and lightweight torpedoes. The boats received include a design from the UK called ‘bladerunner’ that has been repurposed by Iran. There is also a Taedong-B, North Korean submersible boat. North Korea and Iran have cooperated in the past on missile technology. There are also C-14 “China cat” missile boats which Iran has been using for many years.  

Of particular interest is the fact that Iran has now mounted drones on some of the boats. These drones are termed ‘Ababil’. Fars News didn’t mention the drones but video and still images show these mounted atop several vessels. Fars News quoted, “The speedboats are capable of carrying and firing various missiles and rockets and supporting diving operations joined by IRGC Naval Combat Organization in Bandar Abbas. The light, fast and offensive speedboats which were built in the centers affiliated to the IRGC Navy and in cooperation with the Defense Ministry will be ready for missions and operations in Persian Gulf, Sea of Oman and Caspian Sea.” 

Drones were first mounted on Iranian IRGC boats in 2020. According to reports at the time, some 70 Ababil-2 kamikaze drones were put on the IRGC vessels. It is not clear how well they work. However, the addition of the drones is aimed at providing additional security to ships passing through Persian Gulf. However, the US has termed these boats threat for its naval ships present in the region and former US President Donald Trump even threatened to sink IRGC boats.